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TMC Overview

-
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
6.160
Open
5.990
VWAP
5.95
Vol
8.22M
Mkt Cap
2.56B
Low
5.770
Amount
48.90M
EV/EBITDA(TTM)
--
Total Shares
433.19M
EV
2.35B
EV/OCF(TTM)
--
P/S(TTM)
--
TMC the metals company Inc. is a deep-sea minerals exploration company. The Company is focused on the collection and processing of polymetallic nodules found on the seafloor in international waters of the Clarion Clipperton Zone in the Pacific Ocean (CCZ), located approximately 1,300 nautical miles southwest of San Diego, California. The CCZ is a geological submarine fracture zone of abyssal plains and other formations in the Eastern Pacific Ocean, with a length of around 4,500 miles that spans approximately 1,737,000 square miles. These nodules contain high grades of four metals (nickel, copper, cobalt, manganese) which can be used as feedstock for battery cathode precursors (nickel, cobalt and manganese sulfates, or intermediate nickel-copper-cobalt matte) for electric vehicles (EV) and energy storage markets; copper cathode for EV wiring, energy transmission and other applications, and manganese silicate for manganese alloy production required for steel production.
Show More

Events Timeline

(ET)
2026-04-16
08:40:00
TMC Submits Deep-Sea Exploration Data, Over $250 Million Invested
select
2026-03-31 (ET)
2026-03-31
17:30:00
Metals Company Files Automatic Mixed Securities Shelf
select
2026-03-02 (ET)
2026-03-02
09:00:00
Metals Royalty Company Files for Direct Listing on Nasdaq
select
2026-01-26 (ET)
2026-01-26
12:10:00
Metals Company Stock Down 17.3% to $7.81
select
2026-01-23 (ET)
2026-01-23
12:10:00
Metals Company Stock Rises 8.4% to $9.02
select

News

stocktwits
7.5
05-11stocktwits
TMC Partners with Allseas for Deep-Sea Mining Agreement
  • Major Contract Signing: TMC has signed an agreement with Allseas for the design, construction, and operation of a large-scale system to recover polymetallic nodules from the ocean floor, marking a significant milestone in the company's push towards commercial seabed mining, which is expected to substantially boost future production revenues.
  • Funding Support and Returns: Allseas will cover a significant portion of the development costs, which will be recouped through future production revenues, with the system designed to produce up to three million wet tonnes of nodules annually, enhancing TMC's position in the critical metals supply chain.
  • Positive Market Reaction: TMC's shares surged over 7% following the announcement of the agreement and are trading near their 200-day moving average; if breached, it would mark the first time in two months, reflecting strong market confidence in the project.
  • Regulatory Progress: TMC's deep-sea mining application has been confirmed by NOAA to meet all requirements, with a final decision expected by the end of Q1 2027, further advancing the company's commercial recovery plans in the Pacific.
Newsfilter
1.0
05-07Newsfilter
TMC to Host Q1 2026 Financial Results Conference Call
  • Conference Call Announcement: TMC will host a conference call on May 14, 2026, at 4:30 PM ET to update investors on its Q1 2026 financial results and recent corporate developments, which is expected to draw significant investor interest.
  • Diverse Participation Options: The meeting will offer both audio dial-in and virtual webcast options, enhancing accessibility for various investors and fostering better engagement between the company and its stakeholders.
  • Sustainability Mission: TMC is focused on developing lower-impact critical metals from seafloor polymetallic nodules to support sectors like energy, defense, manufacturing, and infrastructure, showcasing its commitment to environmental stewardship.
  • Decade of Research: The company has conducted over ten years of research into the environmental and social impacts of offshore nodule collection and onshore processing, underscoring its leadership position and dedication to sustainable practices in the industry.
seekingalpha
8.5
05-01seekingalpha
TMC Secures Compliance for Exploration License Application
  • License Compliance: TMC's stock rose 5.3% in early trading after the NOAA confirmed that its application for an exploration license and commercial recovery permit fully complies with the Deep Seabed Hard Mineral Resources Act.
  • Review Process Advancement: The consolidated application has now moved into the certification stage, followed by a draft environmental impact statement for public comment, with a final determination expected before the end of Q1 2027, ensuring smooth project progression.
  • Expanded Resource Potential: TMC's application covers approximately 65,000 square kilometers for exploration and commercial recovery, significantly up from the initial 25,000 square kilometers in April 2025, with an estimated resource of 619 million metric tons of wet nodules and an additional 200 million tons of potential exploration upside.
  • Deep-Sea Mining Outlook: As the license application progresses, TMC's path to success in deep-sea mining becomes clearer, potentially leading to substantial long-term gains and competitive advantages in the market.
stocktwits
8.5
05-01stocktwits
TMC USA Receives NOAA Compliance Ruling, Advances to Certification Stage
  • Compliance Progress: TMC USA's subsidiary received a compliance ruling from NOAA, confirming that its application under the Deep Seabed Hard Mineral Resources Act meets all requirements, marking a significant step towards project certification and potential licensing.
  • Environmental Impact Statement: Once certified, TMC will publish a draft Environmental Impact Statement (EIS) for public comment, and after the comment period, the EIS will be finalized, with NOAA deciding on the license issuance, expected to conclude by Q1 2027.
  • Expanded Project Scope: The application now covers a 65,000-square-kilometer area for exploration and recovery, significantly larger than the initial 25,000 sq km, indicating TMC's confidence in the potential of polymetallic nodules, with a projected project value of $23.6 billion.
  • Positive Market Reaction: TMC shares rose over 3% in opening trade and gained over 10% in pre-market, reflecting investor optimism about the company's future prospects, despite a 13% year-to-date decline, the stock has increased 73% over the past 12 months.
Fool
8.5
05-01Fool
Merger in Deep-Sea Mining Sparks Interest
  • Merger Value: The definitive merger agreement between American Ocean Minerals and Odyssey Marine Exploration is valued at approximately $1 billion, resulting in a new entity that will trade on Nasdaq, potentially reshaping the deep-sea mining landscape.
  • Leadership Advantage: Tom Albanese, the chairman of American Ocean Minerals, previously served as CEO of Rio Tinto, bringing substantial industry experience that will aid the new company in navigating regulatory and operational challenges in deep-sea mining.
  • Resource Base Comparison: Post-merger, American Ocean Minerals will have access to 417 million metric tons of indicated resources and over 2 billion metric tons of inferred resources, while The Metals Company only reports 51 million metric tons of probable reserves, highlighting a significant disparity in resource scale that could influence market leadership.
  • Investment Risk Advisory: While The Metals Company is more recognized among metal stocks, the merger positions American Ocean Minerals as a noteworthy emerging player; however, investors should carefully assess risks as neither company has commenced commercial operations.
NASDAQ.COM
8.5
05-01NASDAQ.COM
American Ocean Minerals and Odyssey Marine Exploration Announce Merger
  • Merger Agreement: American Ocean Minerals and Odyssey Marine Exploration have announced a merger valued at approximately $1 billion, with the new entity set to trade on Nasdaq under the ticker AOMC, which is expected to enhance market competitiveness.
  • Leadership Advantage: Tom Albanese, the chairman of American Ocean Minerals, previously served as CEO of Rio Tinto, and his extensive industry experience positions the company to effectively navigate the regulatory and operational challenges of the deep-sea mining sector, thereby strengthening its market position.
  • Resource Base Comparison: Upon completion of the merger, American Ocean Minerals will have access to 417 million metric tons of indicated resources and over 2 billion metric tons of inferred resources, while The Metals Company only reports 51 million metric tons of probable reserves, highlighting a significant disparity in resource scale that could lead to industry leadership.
  • Investment Risk Advisory: Although both American Ocean Minerals and The Metals Company show potential in the deep-sea mining sector, neither has commenced commercial operations, necessitating that investors possess a high risk tolerance to navigate the uncertainties of the market.
Wall Street analysts forecast TMC stock price to rise
3 Analyst Rating
Wall Street analysts forecast TMC stock price to rise
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
6.50
Averages
8.33
High
11.00
Current: 0.000
sliders
Low
6.50
Averages
8.33
High
11.00
Wedbush
Daniel Ives
Outperform
downgrade
$11 -> $8
AI Analysis
2026-03-31
Reason
Wedbush
Daniel Ives
Price Target
$11 -> $8
AI Analysis
2026-03-31
downgrade
Outperform
Reason
Wedbush analyst Daniel Ives lowered the firm's price target on Metals Company to $8 from $11 to reflect a lower multiple, while keeping an Outperform rating on the shares. The firm notes the company reported its Q4 results on Friday where the company provided sizable updates across its business including its progress with NOAA to receive its commercial production application while in negotiations to develop a nodule processing and refining hub in Texas. Wedbush remains bullish as the company continues to chip away at its long-term strategy while looking to get its commercial permit during 2026.
Alliance Global
Buy
maintain
2026-01-23
Reason
Alliance Global
Price Target
2026-01-23
maintain
Buy
Reason
Alliance Global raised the firm's price target on Metals Company to $12.25 from $6.50 and keeps a Buy rating on the shares. The company recently announced a "major permitting milestone" relating to its deep-sea mining ambitions, the analyst tells investors in a research note. The firm views regulation changes as a tailwind for Metals Company. It believes the company maintains its first-mover advantage in the deep-sea mining industry.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for TMC
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Valuation Metrics

The current forward P/E ratio for TMC the metals company Inc (TMC.O) is 0.00, compared to its 5-year average forward P/E of -8.84. For a more detailed relative valuation and DCF analysis to assess TMC the metals company Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-8.84
Current PE
0.00
Overvalued PE
-0.48
Undervalued PE
-17.21

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-12.22
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
-0.48
Undervalued EV/EBITDA
-23.97

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
9.21
Current PS
96.95
Overvalued PS
34.68
Undervalued PS
-16.26

Financials

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Whales Holding TMC

E
Encompass Capital Advisors LLC
Holding
TMC
+22.28%
3M Return

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Frequently Asked Questions

What is TMC the metals company Inc (TMC) stock price today?

The current price of TMC is 5.91 USD — it has increased 3.68

What is TMC the metals company Inc (TMC)'s business?

TMC the metals company Inc. is a deep-sea minerals exploration company. The Company is focused on the collection and processing of polymetallic nodules found on the seafloor in international waters of the Clarion Clipperton Zone in the Pacific Ocean (CCZ), located approximately 1,300 nautical miles southwest of San Diego, California. The CCZ is a geological submarine fracture zone of abyssal plains and other formations in the Eastern Pacific Ocean, with a length of around 4,500 miles that spans approximately 1,737,000 square miles. These nodules contain high grades of four metals (nickel, copper, cobalt, manganese) which can be used as feedstock for battery cathode precursors (nickel, cobalt and manganese sulfates, or intermediate nickel-copper-cobalt matte) for electric vehicles (EV) and energy storage markets; copper cathode for EV wiring, energy transmission and other applications, and manganese silicate for manganese alloy production required for steel production.

What is the price predicton of TMC Stock?

Wall Street analysts forecast TMC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TMC is8.33 USD with a low forecast of 6.50 USD and a high forecast of 11.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is TMC the metals company Inc (TMC)'s revenue for the last quarter?

TMC the metals company Inc revenue for the last quarter amounts to -44.70M USD, increased 173.46

What is TMC the metals company Inc (TMC)'s earnings per share (EPS) for the last quarter?

TMC the metals company Inc. EPS for the last quarter amounts to -11460000.00 USD, decreased -16.76

How many employees does TMC the metals company Inc (TMC). have?

TMC the metals company Inc (TMC) has 48 emplpoyees as of May 12 2026.

What is TMC the metals company Inc (TMC) market cap?

Today TMC has the market capitalization of 2.56B USD.